Stirling Properties Announces Grand Opening of Chipotle at Hammond Square in Hammond, Louisiana

Shopping center nearing completion of multi-tenant retail redevelopment project. Stirling Properties announces Chipotle Mexican Grill will celebrate its grand opening at Hammond Square shopping center on Thursday, August 27th. An official (socially distanced) grand opening and ribbon-cutting ceremony will be held in partnership with the Greater Hammond Chamber of Commerce. The new fast-casual restaurant specializes …

New Tom Thumb Development Planned for The Wharf in Orange Beach, Alabama

Stirling Properties announces a new Tom Thumb development planned for The Wharf mixed-use property in Orange Beach, Alabama. Tom Thumb recently purchased 3.94 acres of land located at the intersection of Canal Road and Wharf Parkway East in Orange Beach for the development of a Tom Thumb convenience store, gas pumps and car wash. Other …

So, what’s coming next for lenders and borrowers of CRE?

Commercial real estate today is extremely dynamic. Under “normal” circumstances, that is a positive thing, but in the context of the events over the last four months, dynamic is detrimental. There has been much discussion about accelerated uses of technology in the industry and how it will impact retail, office, hospitality, multi-family and industrial real …

President’s Message: Your urgent help is needed

We are all experiencing the unprecedented ramifications of the COVID-19 pandemic. While the safety and well-being of our people are our highest concerns, many are also struggling with their businesses and livelihoods. We are just at the beginning stages of difficult times for the retail real estate industry, especially for many of our retailers. Countless …

Major Renovations Coming to Pan American Life Center in New Orleans’s CBD

New cafe and food options, state-of-the-art conference center and upgraded lobby. Stirling Properties announces major renovations to the Pan American Life Center, a 673,000-square-foot premier office building located at the corner of Poydras Street and St. Charles Avenue in New Orleans, Louisiana. Construction is currently underway for a $7 million redevelopment project that will include …

Chuckles Comedy House Coming to Oakwood Center in Gretna, Louisiana

Marks third national location for new entertainment concept. Stirling Properties announced that Chuckles Comedy House is coming to Oakwood Center (formerly Oakwood Mall) in Gretna, Louisiana, a part of the New Orleans metropolitan area. This marks the third national location for the new-to-market entertainment concept. Chuckles Comedy House will occupy 9,855 square feet of retail …

Ownership Change for Froogel’s Cost+Foods at Westland Plaza in Jackson, Mississippi

Stirling Properties announces the ownership change for Froogel’s Cost+Foods at Westland Plaza retail center in Jackson, Mississippi. Robert’s Company, Inc., a grocery operator headquartered in Hattiesburg, Mississippi, has acquired the grocery store, as well as 3 other McDade’s/Froogel’s in the Jackson Metro area. The ownership change was effective January 27, 2020. Froogel’s will close for …

Construction Nearing Completion for Redevelopment at Hammond Square

Former Sears and Rite Aid stores transformed into multi-tenant retail space. Stirling Properties commercial real estate company is nearing completion on the redevelopment project at Hammond Square shopping center in Hammond, Louisiana. Demolition of the former Sears and Rite Aid buildings was completed earlier this year to make way for the $15 million multi-tenant retail …

Stirling Properties Brokers Sale of 38,443-SF Former Bassett Home Furnishings Building in Gulfport, MS

Stirling Properties recently brokered the sale of the 38,443-square-foot former Bassett Home Furnishings building located on 1526 E. Pass Road in Gulfport, Mississippi. The retail/warehouse building sits on 3.3 acres of land adjacent to the new Rouses Market. The buyer was Lagniappe Construction, a national senior living construction company, who plans to utilize the facility …